At 6.5% CAGR, Automotive Electronics Market Expected to Reach over USD 400 Billion by 2024 Profiling Bosch Group, Magna International, Continental AG, Hyundai Mobis, Hitachi Automotive Systems, Delphi Automotive
The Europe automotive electronics market is predicted to witness a high growth over the forecast timespan due to the increasing manufacturing of luxury & passenger cars by the leading OEMs. Due to the implementation of high-end systems in these vehicles, the countries including Germany, Italy, UK, etc., are witnessing a high demand for automotive electronics. The regional automakers are focusing on providing efficient mobility such as connected vehicles, driving assistance, and infotainment systems. Additionally, increasing regulatory policies from the European...
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